Copper prices may have peaked sooner-than-expected

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HomeMarket NewsCopper prices may have peaked sooner-than-expected

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The fall in copper price was expected, not the timing and pace. Despite its vital role in the world's digital transition, near-term prices may remain volatile.

Sobering projections had started to trickle down in late January even before copper prices hit a record high of $14,527.50 per tonne on January 29. However, the trigger for the fall has been different from the one that the market was fearing.

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